Suryodaya Womi Laghubitta (SWMF) offers 46,729.5450 units of Further Public Offering (FPO) shares at Rs. 100 per share.
The FPO is starting today, the 4th Shrawan, and will run until the 8th Shrawan. the subscription can be extended until the 18th Shrawan If the offered shares are not fully acquired within this period.
The Banks and Financial Institutions Act of 2073 and NRB regulations require that public shareholders hold at least 30% of issued capital. Currently, the promoter to public share structure is 70.36:29.64, which will change to 70:30 after this FPO. The company’s paid-up capital is Rs. 91.07 Crores.
CARE Ratings Nepal Limited (CRNL) has rated SWMF ‘CARE-NP BB (Is)’, indicating a moderate risk of default regarding the timely servicing of financial obligations in Nepal. The company is planning to hold the 12th Annual General Meeting (AGM) to discuss key financial endorsements and merger plans.
Key details of the Suryodaya Womi Laghubitta FPO
| Details | Information |
| FPO Start Date | 4th Shrawan, 2081 |
| Early Closing Date | 8th Shrawan, 2081 |
| FPO Price per Share | Rs. 100 |
| Promoter
Share Structure (Before FPO) |
70.36:29.64 |
| Promoter
Share Structure (After FPO) |
70:30 |
| Minimum Units for Application | 10 units |
| Maximum Units for Application | 1000 units |
| Issue Manager | Kumari Capital Limited |
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